In the result, the appeal filed by assessee is allowed for statistical purposes

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos. 273/Pan/2024 (A.Y. 2017-18 ) Emgee Housing Private Vs Acit-Circle 1(1), Limited, Aaykar Bhavan, . 608, City Center Patto Plaza, Edc Complex, Panjim-403001, Patto Plaza, Goa. Panjim-403001, Goa. Pan .No.Aabce6688E (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By None(Letter 10-03-25) Revenue By Ms.Nazeera Mohamad.Sr.Dr सुनवाई क" तार"ख/Date Of Hearing 11.03.2025 घोषणा क" तार"ख/Date Of Pronouncement 17.03.2025 Order Per Pavan Kumar Gadale, Jm: The Appeal Is Filed By The Assesse Against The Order Of The Addl/ Jcit(A) Kanpur Passed U/Sec 143(3) & U/Sec 250 Of The Act. 2. At The Time Of Hearing, It Was Found That There Is A Delay In Filing The Appeal Before The Hon’Ble Tribunal & The Assesse Has Filed An Affidavit For Condonation Of Delay. Whereas, The Facts Mentioned In The Affidavit Are Reasonable & Sufficient Cause Was Explained & The Ld. Dr Has No Specific Objections. Accordingly, We Condone The Delay & Admit The Appeal. The Assessee Has Raised

Housing Private Limited. the grounds of appeal challenging the additions u/sec22 and u/sec37(1) of the Act sustained by the CIT(A). 3. The brief facts of the case are that, the assessee company is engaged in the business of property developers. The assessee has filed the return of income for the A.Y 2017-18 on 31.10.2017 disclosing a total